4.95 Acres on 12 Mile & Orchard Lake Roads
$4,500,000
31525 W. 12 Mile Road, Farmington Hills, MI 48334
1,500 sqft
Building Size
4.95 acres
Lot Area
Details:
Highlights:
- 4.95 Acre site available for sale or lease
- Concept plan available converting the existing building to 86 multi-family units
- Additional concept plan showing 67 multi-family units and a retail drive thru pad site
- Opportunity to redevelop the entire site to maximize density
- 31,700 VPD on 12 Mile Road and 39,415 VPD on Orchard Lake Road
- Located at one of the busiest intersections in Metro Detroit
Description:
Positioned at one of the busiest intersections in Metro Detroit, this prime 4.95-acre site offers a rare redevelopment opportunity available for sale or lease. The property features exceptional frontage and visibility, with approximately 31,700 vehicles per day on 12 Mile Road and 39,415 vehicles per day on Orchard Lake Road. This site presents a compelling value-add opportunity, including the potential to convert the existing structure into 86 multifamily units, or 67 multifamily units plus a retail drive-thru pad site (see conceptual plans, subject to municipal approval). There is also the opportunity to redevelop the entire site to maximize density and unlock additional value.
Located at the southwest quadrant of W. 12 Mile and Orchard Lake Roads in Farmington Hills, MI.
1 Space Available
Retail Pad Sites Unknown Sub Type
Documents:
| Title | ||
|---|---|---|
| 4.95_Acres_on_12_Mile___Orchard_Lake_Roads.pdf |
Location
Gallery
